Recession 2023

• What is a recession? Here’s how a hit to Canada’s economy might impact you

  There's a lot of talk about a possible recession coming in Canada. What do economists mean when they talk about a downturn, and how does it impact Canadians?

  Economy

  Jan 19
  
• China’s trade shrinks as COVID-19 restrictions, global slowdown impact demand

  On top of the global slowdown, frail domestic consumption will put more strain on China's economy for a while yet, analysts predict.

  World

  Nov 7, 2022
  
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• Global employment growth to ‘deteriorate significantly’ this quarter: Labour group

  ILO Director-General Gilbert Houngbo called for a series of policies aimed at supporting the most vulnerable people and businesses.

  World

  Oct 31, 2022
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• Is Canada facing recession? Freeland says fall fiscal update will reflect gathering storm

  "There are still some difficult days ahead for Canada's economy and for the economies of all of our friends and allies around the world," Freeland said in a speech in Windsor.

  Canada

  Oct 19, 2022
• Russia one of the ‘biggest threats’ to world economy amid recession fears: Freeland

  This week, the International Monetary Fund cited the war in Ukraine as one of the drivers for cutting its global growth forecast for 2023.

  Canada

  Oct 14, 2022